EQUITY

9 Months Ended

Jun. 30, 2023

Equity [Abstract]

EQUITY

NOTE 12 - EQUITY

On March 22, 2023, The Company issued 8,939,600 newly shares of the Company’s common stock, par value $0.0001 in exchange for all of the issued and outstanding shares of QBS System at a purchase consideration of approximately $3,128,860, based on the closing price of Flywheel common stock on Over-the-Counter-Markets of $0.35 on March 22, 2023

On the same date, the Company was contractually obligated to issue 1,450,000 shares of common stock to each of Sau Ping Leung and So Ha Tsang. Such shares were issued on May 24, 2023. These two individuals collectively hold 30% of Blue Print.